California Statutes

§ 9341. — 9341. (Amended by Stats. 2023, Ch. 210, Sec. 55.)

California·Code COM Commercial Code - COM·Div. 9. DIVISION 9. SECURED TRANSACTIONS·Ch. 3. CHAPTER 3. Perfection and Priority

Except as otherwise provided in subdivision (c) of Section 9340, and unless the bank otherwise agrees in a signed record, a bank’s rights and duties with respect to a deposit account maintained with the bank are not terminated, suspended, or modified by any of the following:

(1)The creation, attachment, or perfection of a security interest in the deposit account.
(2)The bank’s knowledge of the security interest.
(3)The bank’s receipt of instructions from the secured party.

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California § 9341. (9341. (Amended by Stats. 2023, Ch. 210, Sec. 55.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Amended by Stats. 2023, Ch. 210, Sec. 55. (SB 95) Effective January 1, 2024.
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